December 14, 2007
Private Equity Firm Prophet Equity Launched
Dallas-based private equity firm Prophet Equity LLC, run by Insight Equity co-founder Ross Gatlin, was formally launched this month, the company said in a statement on Friday. The firm focuses on strategically viable companies in special situations, turnarounds, acquisitions, bankruptcies and reorganizations. Founded by vastly-experienced Ross Gatlin, the company plans to begin raising its debut fund early next year.
Gatlin began his career at an investment bank specializing as an advisor in bankruptcies, restructurings and distressed situations. After serving at Houlihan Lokey Howard & Zukin for years, Gatlin moved to international strategy consulting firm Bain & Company. He later became a founding principal at The Carlyle Management Group and then a founding partner at Insight Equity.
According to Gatlin, "The value proposition we are offering to the market has decades of experience and a proven investment track record to back it up, and people seem to 'get it' immediately, whether they are investors, managers, lenders or advisory firms looking to partner with an activist firm like ours, or prospective employees looking for an exciting and rewarding career.”
Featured in RTTNews.com, as well as, NASDAQ.com December 14, 2007.
Edited by webmaster